Analyst’s grim view of mining after lockdown: ‘Pain’ for most companies, some won’t survive

By Lameez Omarjee

Overall, mining companies will have to take a “fair amount of pain” as they battle the impact of a 21-day lockdown, while some may not survive at all, an industry expert has warned.

In a telephonic interview with Fin24 on Tuesday, Mergence Corporate Solutions mining director Peter Major weighed in on the impact of the national lockdown, instituted on 26 March 2020 to slow down the spread of the Covid-19 outbreak.

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